The Hood showing is 6.5 kilometres south of the western end of Mahood Lake. Disseminated pyrrhotite, pyrite, chalcopyrite and molybdenite occur in a dioritic border phase of the Cretaceous Raft batholith.

Kennco conducted reconnaissance geological mapping, soil geochemistry and induced polarization surveys around the showing in 1971. The property, which included the CL showing (092P 025) was acquired by Sable Resources Limited in 1979 and named the DL 3 claim. In 1980, Sable Resources conducted line cutting and geochemical and magnetometer surveys over the area. Phoenix Geophysics Limited conducted an induced polarization survey for Sable Resources that same year.